While the LG Nexus 4 continues to steal most of the headlines in terms of stunning opening week sales and general demand, the all-new Nokia Lumia 920 is also apparently selling like hot cakes. In fact, several third-party retailers are already reporting that the flagship Windows Phone 8 device has completely sold out and is proving to be one of the hottest Smartphones Nokia has released in years.

The Nokia Lumia 920 flies the flag for Windows Phone 8, showcasing Microsoft’s latest and greatest efforts to overtake BlackBerry for the coveted third-place position in mobile OS market share rankings. The new OS from Microsoft offers resizable tiles on the home screen, multi-core processor support for the first time and an array of updated features right in line with the market’s leaders.

As a device in its own right, the Nokia Lumia 920 has been lapping up the praise ever since its release date arrived. However, the one obstacle that still remains is that of the still somewhat embryonic nature of Windows Phone 8 as a whole, which still doesn’t have several important apps, games and utilities available via the Windows Phone marketplace.

Microsoft has promised that app numbers will increase enormously over the coming months and there is no reason to believe otherwise, but it is simply a case of how long consumer patience will hold out when it comes to the apps they’ve come to take for granted, such as Instagram and Skype.

Price-wise, the Nokia Lumia 920 certainly hits the sweet spot in terms of competition, having been offered from as little as $99.99 on-contract at AT&T up to $800 for the unlocked 32GB top-end version – still considerably cheaper than the unlocked iPhone 5, for example.